Arbuthnot Banking Group (LON:ARBB) Earns House Stock Rating from Shore Capital

Arbuthnot Banking Group (LON:ARBB)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital in a note issued to investors on Thursday, Marketbeat Ratings reports.

Arbuthnot Banking Group Price Performance

Arbuthnot Banking Group stock traded up GBX 12.50 ($0.16) during midday trading on Thursday, reaching GBX 915 ($11.51). 14,720 shares of the company traded hands, compared to its average volume of 3,156. Arbuthnot Banking Group has a 12 month low of GBX 830 ($10.44) and a 12 month high of GBX 1,139.30 ($14.34). The firm has a market capitalization of £148.10 million, a price-to-earnings ratio of 4.84, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The business has a 50 day moving average of GBX 899.59 and a two-hundred day moving average of GBX 917.62.

Insider Activity at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest purchased 116,000 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were acquired at an average cost of GBX 900 ($11.33) per share, with a total value of £1,044,000 ($1,313,703.28). 64.32% of the stock is owned by company insiders.

About Arbuthnot Banking Group

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.